• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Cloud

How Europe Plans to Digitize Industry and Build a Mega-Cloud

By
David Meyer
David Meyer
Down Arrow Button Icon
By
David Meyer
David Meyer
Down Arrow Button Icon
April 19, 2016, 5:30 AM ET
Data Center Of T-Systems
BIERE, GERMANY - JULY 01: Server rack at the new data center of T-Systems, a subsidiary of Deutsche Telekom AG on July 01, 2014, in Biere, Germany. T-Systems is the largest German and one of the largest European IT services companies. (Photo by Thomas Trutschel/Photothek via Getty Images)Photograph by Thomas Trutschel—Photothek via Getty Images

The EU administration will spend billions of euros on boosting tech R&D and the use of technology in industry and public services.

A big reason for this push, outlined in the European Commission’s new strategy for “digitizing” industry, is to create scale as Europe develops new technologies, and make sure the new gadgets and systems work across the EU’s many internal borders. Ultimately, the idea is to keep the EU competitive.

The Commission noted that many sectors such as construction and textiles are “particularly lagging behind in their digital transformation.” The solution, it said, is more automated vehicles, robotized manufacturing, Internet of things, smart energy technologies and so on.

Get Data Sheet, Fortune’s technology newsletter.

Countries such as Germany and Italy already have national initiatives for promoting “Industry 4.0,” as policymakers like to call it, and the plan is to try coordinate these on an EU level, building a network of “digital innovation hubs” and setting up large-scale pilots.

There will be a lot of focus on public-private partnerships — combining public and private investment, the Commission intends to “mobilize” over €50 billion ($57 billion) in the next five years.

So far, so buzzwordy — but wait, there’s more.

The Commission also wants to “create” a so-called European Open Science Cloud and European Data Infrastructure, which will in the short term be an agglomeration of (spot the trend) existing national research infrastructures. By 2020, this would however also involve the acquisition of “two prototype next-generation supercomputers, of which one would rank among the top three in the world.”

Although researchers will be the first beneficiaries — in terms of both computing capacity and more shared research data — there’s also a plan to let businesses use the resources (and some of the data) in the future.

There’s also stuff in the strategy about doing quantum-computing research and prioritizing the development of new standards for cloud computing (and also for 5G, the Internet of things, “data technologies” and cybersecurity).

The Commission intends to release a “free flow of data” initiative later this year, to counteract the burgeoning trend of data being deliberately stored within national borders.

As for public services, the Commission wants to set up a unified digital gateway for justice and e-health services, and make it easier for businesses to set up shop across borders.

For more on robotized industry, watch:

So, what about jobs? There is of course growing disquiet over the impact the digitization of industry will have on people, who may soon find themselves being made redundant by all these new-fangled robots and algorithms.

We’ll have to wait until later this year for the new “EU Skills Agenda,” which will deal with digital skills and training, but in the meantime the Commission is promising to “improve the understanding of skills requirements for new technologies in all sectors of the economy.”

It said:

Future jobs are likely to require different skills or knowledge which are not currently provided by today’s education or training systems. For example, operators, engineers and administrative staff could soon be designing, maintaining and supervising intelligent machines that assist in the performance of tasks, instead of doing the tasks themselves. In addition to digital skills there is an increasing demand for other complementary skills, such as entrepreneurial, leadership and engineering skills.

All very true, though the big question there is how many of today’s workers can be retrained, and what is to be done with those who can’t — and, for that matter, whether there will be as many of these future jobs as there are of those today.

More and more people are suggesting a future of fewer and fewer positions for humans, and that’s a scenario that will require some very creative thought from the top.

About the Author
By David Meyer
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
Trump may have shot himself in the foot at the Fed, as Powell could stay on while Miran resigns from White House post
By Eleanor PringleFebruary 4, 2026
20 hours ago
placeholder alt text
Investing
Tech stocks go into free fall as it dawns on traders that AI has the ability to cut revenues across the board
By Jim EdwardsFebruary 4, 2026
1 day ago
placeholder alt text
Success
In 2026, many employers are ditching merit-based pay bumps in favor of ‘peanut butter raises’
By Emma BurleighFebruary 2, 2026
3 days ago
placeholder alt text
North America
Gates Foundation doubles down on foreign aid as U.S. government largely withdraws
By Thalia Beaty and The Associated PressFebruary 3, 2026
2 days ago
placeholder alt text
Cybersecurity
Top AI leaders are begging people not to use Moltbook, a social media platform for AI agents: It’s a ‘disaster waiting to happen’
By Eva RoytburgFebruary 2, 2026
3 days ago
placeholder alt text
Politics
Peter Thiel warns the Antichrist and apocalypse are linked to the ‘end of modernity’ currently happening—and cites Greta Thunberg as a driving example
By Nick LichtenbergFebruary 4, 2026
16 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

Marc Rowan, chief executive officer of Apollo Global
NewslettersTerm Sheet
The 2026 private equity outlook appears hazy, says PitchBook
By Allie GarfinkleFebruary 5, 2026
1 hour ago
A woman sits and contemplates.
Future of WorkCareers
This Gen Z woman applied for 1,000 jobs and offered to cut her own pay because she was ‘really broke and struggling.’ She’s not alone
By Jacqueline MunisFebruary 5, 2026
1 hour ago
InvestingMarkets
The ‘dumb money’ steps in as traders lose $1 trillion on the realization that AI will eat tech companies first
By Jim EdwardsFebruary 5, 2026
2 hours ago
NewslettersFortune Tech
The sky’s the limit for Google capex
By Alexei OreskovicFebruary 5, 2026
2 hours ago
Personal Financemortgages
Current mortgage rates report for Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
2 hours ago
Personal FinanceReal Estate
Current refi mortgage rates report for Feb. 5, 2026
By Glen Luke FlanaganFebruary 5, 2026
2 hours ago